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12 December 2019 The on-line newspaper devoted to the world of transports 22:32 GMT+1

March 15, 2000

BP set to sell Alaskan assets of Arco

By Carl Mortished, International Business Editor

BP AMOCO is on the brink of a deal to sell the Alaskan assets of Atlantic Richfield, a move that will seal its $27 billion (£17 billion) takeover of the US oil company and settle a pending court case with the Federal Trade Commission, which is seeking to block the takeover.

The deal, which Alaskan sources ......
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